Whatever your needs are; whether planning to travel abroad for an enjoyable summer vacation or wedding preparation or any other purpose, now with QNB ALAHLI, you can satisfy all your needs with ultimate freedom and simplest procedures
- The loan duration starts from 2 months and reaches up to 15 Years
- Minimum age is 23 years and the maximum age is 60 years at loan maturity (can be extended to 65 according to pension age)
- Offered to QNB ALAHLI payroll, employed and self-employed clients
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.